GLADSTONE LAND Corp (LAND) Form 10-Q — May 11, 2026
Gladstone Land Corporation reported a net loss of $4,305,000 for the quarter ended March 31, 2026, a significant decline from the net income of $15,108,000 in the same period last year. This decline is primarily due to a decrease in lease revenue and an impairment charge of $884,000 on a property in St. Lucie County, Florida. The company's lease revenue decreased by 12.0% to $14,795,000 for the quarter, compared to $16,803,000 in the same period last year.
Key figures
- Revenue
- 16552
- Total Debt
- 484222
- Cash Position
- 8623
- Crop sales
- 1749
- Lease revenue
- 14795
- Interest expense
- 4725
- Impairment charge
- 884
- Fixed lease payments
- 9559
- Variable lease payments
- 5236
- Property operating expenses
- 2117
- Depreciation and amortization
- 10370
- Loss from investments in unconsolidated entities
- 191
- Dividends declared on cumulative term preferred stock
- 243
Price after filing
1 day: +0.1%7 days: +2.3%30 days: -2.1%
Close on the filing date to close N calendar days later (from $9.44). Historical, not a forecast.
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